Arguably this could prove to be a positive acquisition for the Market as a whole, but let's see what comes out in the wash before drawing too many conclusions.

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American International Group has announced it has entered into a definitive agreement to acquire all outstanding common shares of Validus Holdings, a provider of reinsurance, primary insurance and asset management services.
The transaction enhances AIG’s general insurance business, adding a leading reinsurance platform, an insurance-linked securities asset manager and a presence at Lloyd’s.
Holders of Validus common shares will receive cash consideration of $68 per share, for an aggregate transaction value of $5.56bn.
AIG CEO and president Brian Duperreault said: “I am confident tha Validus will thrive within AIG and strengthen our ability to deliver profitable growth for our shareholders as we strategically position AIG for the future.”